Category Archives: Enforcement

District Court sets next hearing date for three sophisticated ramp-and-dump cases

Nineteen defendants appeared in the District Court today for alleged securities fraud and money laundering [...]

SFC commences MMT proceedings against Ding Yi Feng’s former chairman and others over suspected manipulation of Smartac International Holdings Limited shares

The Securities and Futures Commission (SFC) has initiated proceedings against Mr. Sui Guangyi, former chairman [...]

Yuen Long small house ‘Ding Rights’ cases: Two applicants charged by ICAC admit conspiracy to defraud Lands Department

The ICAC has charged 11 individuals, including small house developers, village representatives, and applicants, in [...]

Monetary Authority takes disciplinary action against Fubon Bank (Hong Kong) Limited for contravention of Anti-Money Laundering and Counter-Terrorist Financing Ordinance

The Hong Kong Monetary Authority (HKMA) has fined Fubon Bank (Hong Kong) Ltd. HK$4 million [...]

Ramp-and-dump case against surrendered fugitive transferred to District Court

The Eastern Magistrates’ Courts has approved the Department of Justice’s request to transfer a securities [...]

Announcement – In relation to the matter of Shinsun Holdings (Group) Co., Ltd. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 2599) Cancellation of listing

The Hong Kong Stock Exchange announced that the listing of Shinsun Holdings (Group) Co., Ltd.’s [...]

SFC bans Jonathan Dominic Iu Wai Ching for 15 years

The Securities and Futures Commission (SFC) has banned Mr. Jonathan Dominic Iu Wai Ching from [...]

Then listed company deputy general manager gains AUS$2.9m in investment opportunity, charged by ICAC with bribery over overseas property projects

Ng Wai, the former deputy general manager of Beijing Capital Land Limited (BCL), and his [...]

Then manager of printing company charged by ICAC admits $420,000 wage fraud over mother’s service

Fong Lung, a former manager at FUJIFILM Business Innovation Hong Kong, admitted to fraud charges [...]

Private cello tutor charged by ICAC admits fraud over purchase of musical instrument

A private cello tutor, Ho Ka-yeung, pleaded guilty to fraud after concealing a significant discount [...]